Posted by: Ust Oldfield | June 29, 2011

Budgets: Balanced, Surplus or Deficit

The knife on the plate represents 0 – it is a balanced budget hence there is no cake.

Here we have a surplus as there is cake above the knife. This cake can be stored for a rainy day so that everyone can enjoy it.

Here we have a deficit as there is cake below the knife. This cake must be cut and eaten right away. It won’t be pleasant but you’ve got to do it. You’ll feel ashamed and fat after you’ve eaten it, but you know that you’re on the way to a surplus.

Posted by: Ust Oldfield | April 21, 2011

Cake Tax

This complete cake represents pre-tax income. For this purpose we’ll call it £21, 000.

The 1/3rd which has been portioned off represents the personal allowance of £7,475. You get to keep this piece. We’ll put it to one side for now. What is left is taxable income.

Of the remaining cake 20% is taken in income tax. This goes to the government.

A further 12% goes in National Insurance Contributions. This also goes to the government.

The personal allowance is added to the taxable income and what’s left is your net income. This is yours to be consumed.

Posted by: Ust Oldfield | April 12, 2011

Productivity of Cake Baking

“Productivity is a measure of output from a production process, per unit of input.”

For this experiment, we will be comparing the productivity of two different types of flour used in baking: Self-raising and Plain.  The quantities are equal for both types of flour.

Begin by measuring out 4oz of sugar and 4oz of butter.

Cream and add an egg. Then mix.

Add half a tsp of Vanilla Extract or essence.

Measure 4oz of flour.

And mix until you have a thick dough type mixture.

Add enough milk to loosen the mixture. You want it to be of moosey consistency.

Pour the mixture into a well greased baking tin. Pop in the oven at 180c for around 30 mins.

The results are out. The cake with plain flour is on the left and the self-raising cake on the right in the tin. This was because an air-bubble was caught and exploded the cake in the oven. However, it also indicates that the cake using self-raising flour has explosive productivity, whereas the cake baked with plain flour does not.

Self-raising flour is more productive than plain flour.

Posted by: Ust Oldfield | April 11, 2011

The Alternative Cake Vote

In this theoretical constituency there are four pieces of cake (candidates), each represented by slices of cake. There are also sixteen slices (voters), including the four pieces of cake. The aim of the pieces of cake is to get 50% of the slices (votes), plus 1.

Under the first round of votes the slices are distributed to the pieces of cake according to first preference. In this round, the top-right piece of cake is the most popular and would be elected under First-Past-The-Post. As no one piece of cake has the required number of slices, the bottom left piece of cake’s slices will be redistributed according to preference.

With the second round of voting the slices have been redistributed, and the number of slices has stayed the same. However, no one has reached the required number of slices and the slices of the bottom right piece of cake must be redistributed according to preference.

In this round, the left piece of cake clearly has 50% of the slices plus 1. The left piece of cake has thus won the election. It’s a victory for cake everywhere.

Posted by: Ust Oldfield | April 10, 2011

Equality of Opportunity and Cake

In an equal society all 8 slices are shared equally between 8 people.

In an unequal society, 1 person owns 25% of the cake.

The next two people own a slice each.

The next two also own a slice each.

And so on until the 6th person owns a slice and the 7th and 8th persons have to share the last slice.

Equality of Opportunity allows the 8th person to become the 1st person.